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CMHC Just Cut Its Housing Forecast — What It Means If You're Buying, Selling, or Renewing

  Published July 28, 2026 Canada Mortgage and Housing Corporation quietly downgraded its outlook for the rest of 2026 last week, and the new numbers are worth a look no matter which side of the housing market you're standing on. The federal housing agency's Summer 2026 update now calls for slower growth, softer home prices, fewer new builds and continued easing in rental markets right through the end of the year — with a split that leaves Ontario and B.C. looking a lot different from the Prairies and Quebec. Here's what's actually in the update, and what it means for your specific situation. What CMHC changed The agency's baseline call for 2026 is a Canadian economy growing at just 0.7%, with high borrowing costs, weak population growth and cautious buyers keeping a lid on demand even as affordability has technically improved. The practical result, nationally: Housing starts are expected to fall to about 241,400 units this year, down from 259,028 in 2025 Resale acti...
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Hamas Reasserts Control in Gaza, Casting Doubt on Fragile Ceasefire

                                       A Hamas militant shakes hands with a child in Rafah in the southern Gaza Strip

Hamas fighters have visibly tightened their grip on Gaza in recent days, raising serious questions about the durability of the U.S.-brokered ceasefire with Israel. Reports from Gaza City describe public executions of men accused of collaborating with Israeli forces, a stark display of power that underscores the group’s determination to reassert dominance in the war-ravaged enclave.

Although Israeli troops have withdrawn from urban areas under the ceasefire agreement, Hamas has deployed its fighters along key routes, including those critical for humanitarian aid deliveries. Palestinian security sources say dozens have been killed in clashes between Hamas and rival groups, further destabilizing the already fragile truce.

The ceasefire, announced earlier this month, was intended to halt hostilities and pave the way for humanitarian relief. However, Israel insists that lasting peace cannot be achieved until Hamas is fully disarmed, a condition the group continues to defy. With tensions escalating on the ground, the future of the ceasefire remains uncertain, leaving civilians caught in the middle of a volatile and unpredictable situation.


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